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The Latest Breaking News from Beijing

Thailand, China conduct digital currency trial

A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

Bangkok Post

Friend or foe? Japan-China ties complicated after 50 years

Friend or foe

The Independent UK

Lab Monkeys Are the Latest Covid Shortage

Beijing’s ban on macaque exports—needed to test vaccines and other lifesaving drugs—could give its pharma industry an edge.

Businessweek

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China's Yuan falls to lowest level since 2008 global financial crisis

Like many other world currencies, China's onshore and offshore Yuan both fell against the dollar on Wednesday, increasing the pressure on the People's Bank of China to intervene directly. The drop is a result of the strong US dollar following the Federal Reserve's rate hikes, coupled with Beijing's more dovish…

France 24

Pacific nation leaders in Washington as US seeks to deepen ties

The US is elevating its engagement with the Pacific as Beijing increases its presence in the region.

Al Jazeera

China Reins In Belt and Road Program, $1 Trillion Later

China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its Belt and Road infrastructure program. Now, Beijing is working on an overhaul of the troubled initiative, according to people involved in policy-making.

Bangkok Post

China's Xi makes first public appearance in Beijing since trip to Central Asia

Chinese President Xi Jinping visited an exhibition in Beijing on Tuesday, according to state television, in his first public appearance since returning to China from an official trip to Central Asia in mid-September.

Reuters

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Pompeo Says Era of 'Blind' China Engagement Ending in Taiwan Speech

Former US secretary of state Mike Pompeo told an audience in Taiwan on Tuesday that the era of "blind engagement" with China is ending, and that Beijing's increasingly aggressive behavior has brought like-minded nations closer together. One of former president Donald Trump's most hawkish advisers on China, Pompeo is the…

Asharq Al-Awsat

Apple to produce high-end iPhones in India as discontent grows in China over COVID-zero human, economic costs

Apple is to start making iPhone 14s in India, amid growing criticism over the economic and human costs of Beijing's strict COVID-zero policy.

ABC News

China's failure to invest in Afghanistan is frustrating the Taliban

BEIJING: The US withdrawal from Afghanistan after two decades of war opened up an opportunity for China to expand its influence and lock down access to the country's vast mineral deposits.

The Times of India

China becomes ‘hothouse’ of intrigue ahead of crucial Communist party congress

Swiftly debunked rumours of coups swirl as Beijing prepares to host critical meeting of elite, at which Xi Jinping is expected to be granted a third term

The Guardian - AU

Cardinal Zen, 5 others stand trial in Hong Kong over fund

A 90-year-old Catholic cardinal and five others are standing trial in Hong Kong for allegedly failing to register a now-defunct fund set up to assist people arrested in the mass anti-government protests three years ago

The Independent UK

Here to stay? China's cityscapes transformed by thousands of COVID test booths

A thousand days since the World Health Organization (WHO) was told of a "viral pneumonia" in central China, many countries have returned to pre-COVID-19 life. Not so China itself - in cities big or small, routine PCR testing is the new normal.

Reuters

Japanese leader's trip to China in '72 was diplomatic gamble

The Japanese leader who normalized relations with China 50 years ago feared for his life when he flew to Beijing for the high-stakes negotiations at the peak of the Cold War

The Independent UK

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The Independent UK

China using civilian ships to enhance navy capability, reach

A Chinese scientific ship bristling with surveillance equipment docked in a Sri Lankan port

The Independent UK

Could China-Taiwan conflict escalate to a full blown military crisis?

Experts believe Beijing’s aggression is largely a face-saving exercise, but conflict poses significant costs for Taiwan and the world

Al Jazeera

Washington backs ‘open lines of communication’ with Beijing

US and Chinese foreign ministers discuss need to ‘responsibly manage’ relationship amid tensions over Taiwan.

Reuters

China blockade would be act of war, Taiwan would not surrender, official says

A Chinese blockade of Taiwan or the seizure of an offshore island would be considered an act of war and Taiwan would not surrender, a senior Taiwanese security official told Reuters using unusually strong and direct language.

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Asharq Al-Awsat

US, China Top Diplomats to Meet on High Tensions on Taiwan

The top US and Chinese diplomats meet Friday in New York as soaring tensions show signs of easing, but Beijing issued a new warning against support for Taiwan. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi are set to meet on the sidelines of the annual United…

Tribune News Service

Lawmakers walk tightrope on upping Taiwan’s diplomatic status as Biden casts doubt on ‘ambiguity’

TAIPEI, Taiwan — At the heart of the debate between Taiwanese and U.S. policymakers over how best to avert a feared attack by China in the coming years is a question over whether certain diplomatic or military actions the U.S. could take might backfire, with Beijing deciding to speed its…

Reuters

Biden and Philippines' Marcos reaffirm support for free navigation in S. China sea

U.S. President Joe Biden and Philippines' President Ferdinand Marcos on Thursday discussed the importance of free navigation in the South China Sea, where Beijing is exerting its influence.

Roll Call

Lawmakers walk tightrope on upping Taiwan's diplomatic status as Biden casts doubt on 'ambiguity' - Roll Call

Officials and experts in Washington and Taipei are debating whether America's "strategic ambiguity" toward Taiwan needs to end.

Reuters

Exclusive-China sends regulators to Hong Kong to assist U.S. audit inspection -sources

Beijing has sent a team of regulatory officials to Hong Kong to assist the U.S. audit watchdog with onsite audit inspections involving Chinese companies, four people familiar with the matter said, as part of a landmark deal between the two countries.

Reuters

Analysis-As Putin escalates Ukraine war, China stands awkwardly by him

Xi Jinping is unlikely to abandon his "old friend" Vladimir Putin, even as the Russian leader's decision to send thousands more troops to Ukraine and his nuclear threats strain Beijing's "no limits" partnership with Moscow, experts said.

Foreign Policy

China Is Quietly Trying to Dethrone the Dollar

Regional groups and small banks are helping insulate Beijing against sanctions.

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